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Part of Minutes of the University of Kentucky Board of Trustees

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Members of the news media were also in attendance. A quorum
being present, the Chairman declared the meeting officially open for
the conduct of business at 1:06 p.m.
C. Minutes Approved
Mr. Ockerman stated that the Minutes of the June 18, 1991 Board
of Trustees meeting had been distributed and asked for corrections or
additions. The Minutes were approved as distributed.
D. President's Report to the Trustees (PR 1)
President Wethington reviewed the following items in his report:
1. Twenty-four new faculty members at the University toured their
"new Kentucky home" August 12-16 as part of a program initiated
by Chancellor Robert Hemenway.
2. A year-long study of the economic impact of Kentucky's horse
industry was released in July. The study showed that
Kentucky's horse industry generated jobs from 79,820 people
with related wages and salaries of $1.3 billion a year. The
study was conducted for the Greater Lexington Chamber of
Commerce by the University's College of Business and Economics
and the College of Agriculture.
3. Business-Industry Technical Assistance Centers will be
developed at Elizabethtown and Madisonville community
colleges. The purpose of the centers is to help create jobs by
providing assistance to new and existing businesses and by
helping individuals through skill development, entrepreneurial
training and counseling.
4. The popular Saturday Seminars series, held before UK's home
football games, will be offered again this year.
5. Myra Leigh Tobin, a 1962 UK graduate who is managing director
of an insurance underwriting firm in New York City, has been
elected president of the University of Kentucky's National
Alumni Association.
6. Citizens Fidelity Bank and Trust Company of Lexington has
donated $100,000 to the UK College of Business and Economics
"Program for Excellence" scholarship fund.
President Wethington asked that the members review the other
significant items in the report at their leisure.
E. Personnel Actions (PR 2)
With President Wethington so recommending, on motion made by
Professor Rhoads, seconded by Mr. Rose and passed, the routine
personnel actions in PR 2 were approved. (See PR 2 at the end of the
Minutes.)